Mellow
YieldActive

Mellow

Right architecture, wrong timing? Restaking is fragmenting fast and Mellow is betting modularity wins. Ask again in 12 months.

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Brief

Liquid restaking protocol on Ethereum, powered by Symbiotic. ~$300M+ TVL (peak $600M+ in March 2026). MultiVault architecture aggregates yield sources across restaking, leveraged looping, and delta-neutral strategies. Curator-managed vault primitive for the Symbiotic ecosystem.

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Snapshot

Key terms and identifiers.

Asset classes
Treasuries
Token standards
erc-20, eip-4626
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Connections

Who they build with, build on, integrate with.

Dependency

Where this player builds on, integrates, or relies on others.

Tension

Direct competition or overlapping market position.